Adam Court Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01673484 (England and Wales)

Financial Statements

for the Year Ended 31st March 2022

for

Adam Court Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms A J Findlay

Dr A J Findlay

Ms J E M Hamilton

SECRETARY:

Ms A J Findlay

REGISTERED OFFICE:

2 West Street

Henley on Thames

Oxfordshire

RG9 2DU

REGISTERED NUMBER:

01673484 (England and Wales)

ACCOUNTANTS:

Buffery & Co Ltd

2 West Street

Henley On Thames

Oxfordshire

RG9 2DU

CURRENT ASSETS

Debtors

8,865

8,426

Cash at bank

58,983

42,205

67,848

50,631

CREDITORS

Amounts falling due within one year

1,500

1,499

NET CURRENT ASSETS

66,348

49,132

TOTAL ASSETS LESS CURRENT LIABILITIES

66,348

49,132

CAPITAL AND RESERVES

Called up share capital

4

36

36

General Reserves

5

40,812

22,080

Other reserves - Flats

5

25,500

27,016

SHAREHOLDERS' FUNDS

66,348

49,132

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 2022 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8th September 2022 and were signed on its behalf by:

Dr A J Findlay - Director

1.	STATUTORY INFORMATION

Adam Court Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents contributions made by members to meet the costs of Flat Maintenance and General Maintenance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.22

31.3.21

value:

£

£

36

Ordinary

£1

36

36

5.

RESERVES

Other

Maintenance

General

reserves

Surplus

Reserves

- Flats

Totals

£

£

£

£

At 1st April 2021

-

22,080

27,016

49,096

Profit for the year

4,016

4,016

Increase in Mainten. surplus

1,516

18,732

-

20,248

Decrease in Mainten. Surplus

(5,532

)

-

(1,516

)

(7,048

)

At 31st March 2022

-

40,812

25,500

66,312

The increase in General Reserves comes from the General Maintenance surplus of £5,532 and additional contributions from members of £13,200. These additional contributions are in relation to lease extension premiums. Further additional contributions are expected in 2022/23.

The decrease in Other Reserves - Flats comes from the Flat Maintenance deficit of £1,516.